Wheeler: Verizon Recognizes Title II No Big Bugaboo

FCC Chairman Tom Wheeler said Thursday that he agrees with Verizon's CFO Fran Shammo that reclassification of Internet access under Title II would not affect the company's investment in its network.

That came in a press conference after the FCC's December public meeting. In that press conference, Wheeler seemed to suggest that Title II was a workable approach both from an industry and a Wall Street perspective.